Marketplace Startups in Africa
Overview Powered by AI
Marketplace is a crowded space with many players eyeing the Pan-African market. Twiga Foods has a strong presence in Kenya, MaxAB is expanding rapidly in Nigeria, and Konga is a well-established e-commerce platform. Despite the competition, there is a lot of room for growth in this market as e-commerce penetration is still low. Local business leaders are optimistic about the potential of Marketplace but acknowledge the challenges of logistics and infrastructure.
Cummulative Funding
$777.1M+
Total # of Companies
199
Total Deal Count
312
Total M&A Count
17
Total # of Investors
564
List of Marketplace startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers. | Series C | $ 145,650,000 | 2013 | |
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. | Series B | $ 101,200,000 | 2018 | |
Konga Online Shopping is a Nigerian online shopping website selling books, home appliances, mobile phones, groceries, and others. | Series C | $ 79,500,000 | 2012 | |
Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets. | Series B | $ 64,000,000 | 2020 | |
Trella is a technology platform that connects shippers to carriers to move freight intelligently. | Venture | $ 52,250,000 | 2018 | |
Yodawy is Egypt's #1 Pharmacy delivery app, enabling you to order medication from the comfort of your phone. | Private Equity | $ 40,500,000 | 2018 | |
Vendease is a Nigerian online marketplace for Africa's food service businesses. | Debt Financing | $ 33,325,000 | 2019 | |
Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform | Series A | $ 33,000,000 | 2019 | |
Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt | Debt Financing | $ 24,600,000 | 2019 | |
Jiji is an online marketplace that enables buyers and sellers to meet and exchange goods and services. | Series C | $ 21,000,000 | 2014 | |
JABU is a B2B marketplace offering tech-route-to-market development and merchandising for FMCG brands in undeveloped areas. | Series A | $ 18,200,000 | 2020 | |
Lipa Later is a digital lending marketplace providing "buy now pay later" services. | Debt Financing | $ 18,040,000 | 2015 | |
Revolutionizing the used-car market with trust and transparency. | Pre-seed | $ 12,600,000 | 2021 | |
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere | Series A | $ 12,250,000 | 2017 | |
The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels. | Convertible Note | $ 10,490,000 | 2015 | |
Wuzzuf is an online marketplace that connects highly educated people as well as low, medium, or no education workers with employers. | Series B | $ 7,850,000 | 2009 | |
Aya is a curated marketplace for early-stage startups and high growth businesses to access vetted African Web3 digital skilled talents. | Pre-seed | $ 7,200,000 | 2020 | |
Powered by People is a Kenyan startup offering online tools and a B2B marketplace to the manufacturing and handmade sector. | Seed | $ 6,500,000 | 2019 | |
Taager is an Egyptian social e-commerce marketplace with emd-to-end logistics. | Seed | $ 6,400,000 | 2019 | |
Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials | Seed | $ 5,500,000 | 2022 |
Founded
2013
Overview
Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.
Last round
Series C
Total raised
$ 145,650,000
Employee
51-200
Founded
2018
Overview
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.
Last round
Series B
Total raised
$ 101,200,000
Employee
11-50
Founded
2012
Overview
Konga Online Shopping is a Nigerian online shopping website selling books, home appliances, mobile phones, groceries, and others.
Last round
Series C
Total raised
$ 79,500,000
Employee
1001-5000
Founded
2020
Overview
Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.
Last round
Series B
Total raised
$ 64,000,000
Employee
51-200
Founded
2018
Overview
Trella is a technology platform that connects shippers to carriers to move freight intelligently.
Last round
Venture
Total raised
$ 52,250,000
Employee
51-200
Founded
2018
Overview
Yodawy is Egypt's #1 Pharmacy delivery app, enabling you to order medication from the comfort of your phone.
Last round
Private Equity
Total raised
$ 40,500,000
Employee
11-50
Founded
2019
Overview
Vendease is a Nigerian online marketplace for Africa's food service businesses.
Last round
Debt Financing
Total raised
$ 33,325,000
Employee
11-50
Founded
2019
Overview
Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform
Last round
Series A
Total raised
$ 33,000,000
Employee
501-1,000
Founded
2019
Overview
Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt
Last round
Debt Financing
Total raised
$ 24,600,000
Employee
51-200
Founded
2014
Overview
Jiji is an online marketplace that enables buyers and sellers to meet and exchange goods and services.
Last round
Series C
Total raised
$ 21,000,000
Employee
501-1000
Founded
2020
Overview
JABU is a B2B marketplace offering tech-route-to-market development and merchandising for FMCG brands in undeveloped areas.
Last round
Series A
Total raised
$ 18,200,000
Employee
51-200
Founded
2015
Overview
Lipa Later is a digital lending marketplace providing "buy now pay later" services.
Last round
Debt Financing
Total raised
$ 18,040,000
Employee
51-200
Founded
2021
Overview
Revolutionizing the used-car market with trust and transparency.
Last round
Pre-seed
Total raised
$ 12,600,000
Employee
11-50
Founded
2017
Overview
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere
Last round
Series A
Total raised
$ 12,250,000
Employee
11-50
Founded
2015
Overview
The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.
Last round
Convertible Note
Total raised
$ 10,490,000
Employee
2-10
Founded
2009
Overview
Wuzzuf is an online marketplace that connects highly educated people as well as low, medium, or no education workers with employers.
Last round
Series B
Total raised
$ 7,850,000
Employee
51-100
Founded
2020
Overview
Aya is a curated marketplace for early-stage startups and high growth businesses to access vetted African Web3 digital skilled talents.
Last round
Pre-seed
Total raised
$ 7,200,000
Employee
11-50
Founded
2019
Overview
Powered by People is a Kenyan startup offering online tools and a B2B marketplace to the manufacturing and handmade sector.
Last round
Seed
Total raised
$ 6,500,000
Employee
2-10
Founded
2019
Overview
Taager is an Egyptian social e-commerce marketplace with emd-to-end logistics.
Last round
Seed
Total raised
$ 6,400,000
Employee
11-50
Founded
2022
Overview
Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials
Last round
Seed
Total raised
$ 5,500,000
Employee
2-10